国产精品99一区二区三_免费中文日韩_国产在线精品一区二区_日本成人手机在线

China issues judicial interpretation to better protect foreign investors' interests

Source: Xinhua| 2019-12-27 17:42:57|Editor: huaxia
Video PlayerClose

A staff member shows a cup of beer from Estonia at Food and Agricultural Products exhibition area during the second China International Import Expo (CIIE) in Shanghai, east China, Nov. 7, 2019. (Xinhua/Cai Yang)

Investment contracts formed in areas where foreign investment is restricted by the negative list can still take effect as long as the parties concerned take necessary corrective measures before courts make effective judgments.

BEIJING, Dec. 27 (Xinhua) -- China's Supreme People's Court (SPC) Friday issued a judicial interpretation applicable to the Foreign Investment Law, aiming to better protect the legitimate rights and interests of foreign investors in the country.

People's courts around the country will not support contracted parties who claim that investment contracts formed in areas not on China's negative list of foreign investment are void because the contracts have not been approved or registered by administrative authorities, according to the interpretation.

Investment contracts formed in areas where foreign investment is restricted by the negative list can still take effect as long as the parties concerned take necessary corrective measures before courts make effective judgments, said Luo Dongchuan, vice president of the SPC.

Investment contracts that did not meet the requirements of the negative list when they were signed can still be deemed effective if the negative list loosens restrictions before court judgments take effect, said Luo.

"These designs are aimed at guaranteeing the legitimate rights and interests of investors to the largest extent under the prerequisite of safeguarding the stability of foreign capital management," he said.

The interpretation will take effect on Jan. 1, 2020.

KEY WORDS:
EXPLORE XINHUANET
010020070750000000000000011102121386617191
主站蜘蛛池模板: 鹤山市| 江北区| 谢通门县| 原阳县| 东海县| 梁平县| 鹤壁市| 柳江县| 樟树市| 绩溪县| 大连市| 宝应县| 志丹县| 黔江区| 蒲江县| 银川市| 台山市| 乐至县| 昔阳县| 瑞安市| 广汉市| 莒南县| 衡水市| 云和县| 米易县| 水富县| 罗甸县| 台湾省| 丰镇市| 平乡县| 搜索| 多伦县| 崇左市| 临颍县| 上蔡县| 莎车县| 广昌县| 顺平县| 灵宝市| 丰都县| 怀远县|